CFPB Proposes Rule to Regulate Data Brokers Selling Sensitive Information
In today's digital landscape, data brokers are like modern-day gold miners, sifting through the intimate details of our lives ...
JD Supra11h
CFPB finalizes rule to remove medical bills from credit reports and prohibit lenders from considering medical information
On January 7, the CFPB issued a final rule amending Regulation V. Among other things, the final rule prohibits credit reporting companies ...
American Banker5d
CFPB rules, M&A standards most likely CRA repeal targets
While most of the Biden administration's prudential banking regulations can't be overturned under the Congressional Review ...
CFPB finalizes rule to remove medical debt from credit reports
The Consumer Financial Protection Bureau finalized a rule that would remove medical bills from credit reports and prevent ...
The CFPB Is Digging In for Last Days of Biden's Term. But What Happens Next?
There are a lot of consumers and particularly consumer advocates who think that the CFPB has done a great job. Trump held ...
American Banker5d
Debt collectors sue the CFPB for 'overreach' on medical debt
Debt collection trade group ACA International and Specialized Collections Systems, a Houston-based debt collector, filed a ...
JD Supra1d
CFPB Finalizes Rule Curbing Use and Reporting of Medical Debt
On January 7, 2025, the Consumer Financial Protection Bureau (CFPB) issued a final rule that would generally prohibit lenders from considering ...
No magic ‘wand’ for the GOP in scrapping consumer rules
A flurry of recent actions by the Consumer Financial Protection Bureau has left Republicans seething about “midnight ...
Winston-Salem Journal6d
Consumers gain relief from medical bills being listed on credit reports with federal rule
The Consumer Financial Protection Bureau, in the final days of the Biden administration, announced Tuesday it has finalized a ...
New Biden rule would remove nearly $49B in medical debt from millions of credit reports
The CFPB said the new rule will remove an estimated $49 billion in medical bills from the credit reports of about 15 million ...
Do you need overdraft protection? This service helps you beat expensive fees
Despite proposed changes to banking regulations, overdraft fees remain an expensive reality for many Americans. Here’s how to ...
USA Today6d
Medical debts will no longer be on credit reports. Here's when new rule takes effect
“The CFPB’s final rule will close a special carveout that has allowed debt collectors to abuse the credit reporting system to coerce people into paying medical bills they may not even owe.